Asian markets ended mostly higher on Tuesday, encouraged by positive inflation data from China and a firm start to the US earnings season. Shanghai Composite ended higher, the first advance in five days, as inflation in the world’s second-largest economy eased more than forecast from a 10-month high. However, Japan’s Nikkei went home with red mark after several sessions of gains, on profit-taking as the yen edged up slightly after hitting multi-year lows. Meanwhile, South Korea’s Kospi closed higher but gains were limited by companies that do business in North Korea after the communist nation said it will suspend operations at a jointly run industrial complex.
Asian Indices | Last Trade | Change in Points | Change in % |
Shanghai Composite | 2,225.77 | 14.18 | 0.64 |
Hang Seng | 21,870.34 | 152.29 | 0.70 |
Jakarta Composite | 4,899.59 | 2.07 | 0.04 |
KLSE Composite | 1,690.27 | 2.28 | 0.14 |
Nikkei 225 | 13,192.35 | -0.24 | - |
Straits Times | 3,296.57 | 11.96 | 0.36 |
KOSPI Composite | 1,920.74 | 2.05 | 0.11 |
Taiwan Weighted | 7,728.54 | -24.25 | -0.31 |
